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Long Young Electronic (Kunshan) Co (SZSE:301389) Price-to-Tangible-Book : 1.84 (As of May. 15, 2024)


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What is Long Young Electronic (Kunshan) Co Price-to-Tangible-Book?

As of today (2024-05-15), Long Young Electronic (Kunshan) Co's share price is ¥13.94. Long Young Electronic (Kunshan) Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥7.56. Hence, Long Young Electronic (Kunshan) Co's Price to Tangible Book Ratio of today is 1.84.

The historical rank and industry rank for Long Young Electronic (Kunshan) Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:301389' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.82   Med: 2.3   Max: 2.44
Current: 1.84

During the past 6 years, Long Young Electronic (Kunshan) Co's highest Price to Tangible Book Ratio was 2.44. The lowest was 1.82. And the median was 2.30.

SZSE:301389's Price-to-Tangible-Book is ranked better than
56.14% of 2303 companies
in the Hardware industry
Industry Median: 2.05 vs SZSE:301389: 1.84

A closely related ratio is called PB Ratio. As of today, Long Young Electronic (Kunshan) Co's share price is ¥13.94. Long Young Electronic (Kunshan) Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥7.62. Hence, Long Young Electronic (Kunshan) Co's P/B Ratio of today is 1.83.


Long Young Electronic (Kunshan) Co Price-to-Tangible-Book Historical Data

The historical data trend for Long Young Electronic (Kunshan) Co's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Long Young Electronic (Kunshan) Co Price-to-Tangible-Book Chart

Long Young Electronic (Kunshan) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 2.24 2.44

Long Young Electronic (Kunshan) Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.35 2.38 2.25 2.44 1.89

Competitive Comparison of Long Young Electronic (Kunshan) Co's Price-to-Tangible-Book

For the Electronic Components subindustry, Long Young Electronic (Kunshan) Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Long Young Electronic (Kunshan) Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Long Young Electronic (Kunshan) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Long Young Electronic (Kunshan) Co's Price-to-Tangible-Book falls into.



Long Young Electronic (Kunshan) Co Price-to-Tangible-Book Calculation

Long Young Electronic (Kunshan) Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=13.94/7.563
=1.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Long Young Electronic (Kunshan) Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Long Young Electronic (Kunshan) Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Long Young Electronic (Kunshan) Co (SZSE:301389) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Shunchang Road, Zhoushi Town, Jiangsu Province, Kunshan, CHN, 215313
Long Young Electronic (Kunshan) Co Ltd is engaged in the research and development, production and sales of electromagnetic shielding materials.

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